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Non-volatile memory (NVM) is a type of secondary memory used in computer systems to manage permanent storage and backup facility for information that is critical to an organization. NVM technology is electrically programmable. It is also erasable when there is a need to make changes in a particular location within the storage device. Other than programming, erasing and storing, the technology also has the ability to retain changes even in the instance of power outage. Nevertheless, low write endurance rate and limited storage capacity would be factors that would restrain the market growth. Despite restraining factors, the demand for NVM, mainly in flexible electronics and innovation of advanced storage technologies such as 3D XPoint, MRAM, SONOS, and NRAM would be opportunities for the growth of the market.

The report highlights the adoption of Non-Volatile Memory in LAMEA. Based on the type, the Non-Volatile Memory market is segmented into Electrically Addressed, Mechanically Addressed and Others. Electrically Addressed segment is further divided into ROM, NVRAM and Other Memory. Mechanically Addressed segment is further divided into Hard-Disk Drive, Optical-Disc Drive, Magnetic Tape, Millipede memory and Holographic data storage. Other Non-volatile memory types are FRAM, Zero-RAM, Nano-bridge and Molecular which are discussed in this report. Based on the application the market is segmented into Enterprise Storage, Healthcare Monitoring, Consumer Electronics, Automotive Application, Industrial and Others. The Verticals highlighted in this report include Telecom & IT, Healthcare, Automotive, Energy & Power, Manufacturing Industries and Others.

Based on Country, LAMEA Non-Volatile Memory market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. South Africa remained the dominant Country in the LAMEA Non-Volatile Memory market in 2015. Nigeria would witness highest CAGR during the forecast period (2016-2022).